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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: nlam who wrote (14029)9/29/1998 10:00:00 PM
From: Mikhail Rasolis  Read Replies (1) of 27307
 
Explanation is simple
After YHOO announced earnings last quarter it went as high as 207 (103 1/2 after the split). Today it's 130 and that means 26.5% in 3 months. Compare that to S&P or DJ or ... whatever for the same period

And 3 months ago it seemed (to some people) like yhoo was a "safe" short as well as it seems today to you
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